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Harry Potter and his friends are considering a project that has the following cash flow data. What is the project's IRR? Note that a project's
Harry Potter and his friends are considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR can be less than the cost of capital (and even negative), in which case it will be rejected. Year 0 1 2 3 4 5 Cash flows $10,500 $2,200 $2,225 $2,250 $2,275 $2,300
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